The cotton woven fabrics market in Romania has shown a declining trend from 2013 to 2023, starting at 523.44 million euros and reducing to 420.9 million euros by 2023. The market has experienced both sharp declines, notably in 2017 and 2019, and partial recoveries, for instance in 2021. The year-on-year variation over the last two years indicates stability, with a consistent decline of 1.6%. The compound annual growth rate (CAGR) reflects a negative trend over the past five years, averaging -2.75% annually.
Key future trends to watch include:
- Adoption of sustainable and eco-friendly cotton production practices, influencing market demand.
- Potential impacts of global economic changes on textile imports and exports.
- Technological innovations in textile production, which might affect market dynamics.
How does Romania rank in Cotton Woven Fabrics Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,269,700,000 | 2023 | -1.5% | -2.14% | View data |
| 2 | 2 Spain | 518,270,000 | 2023 | +0.59% | +1.2% | View data |
| 3 | 3 Romania | 420,900,000 | 2023 | -1.6% | -2.75% | |
| 4 | 4 Portugal | 305,620,000 | 2023 | -6.95% | -7.04% | View data |
| 5 | 5 Poland | 224,110,000 | 2023 | -4.65% | -6.33% | View data |
